Bulgaria has implemented various value added tax (VAT) changes for 2018. Changes include:
- New rules for VAT registration, which maintain the registration threshold of BGN 50,000, but provide that:
- If the threshold is met in the previous 12 consecutive months, taxpayers must register for VAT within 7 days (down from 14) following the period (month) in which the threshold is met, and
- If the threshold is met within two consecutive months, the taxpayer must register within 7 days of the date th…